You would want a slow decline though rather then a total plummet, otherwise you’ll end up with a bunch of older folks and not enough younger ones to support them.
It’s cheaper to care for elderly than pay for raising children. Eventually the elderly die and those resources are freed up. But with children, you end up with adults using even more resources.
A huge factor for the Rennaissance was all the elderly dying in the Black Plague. Less people is better for workers because their labor becomes more valuable. It’s only the owners that suffer in population decline because their servants are more expensive.
The children turned adults will generally be working and contributing to the economy though. Elderly will not and use up a metric ton of healthcare resources.
You would want a slow decline though rather then a total plummet, otherwise you’ll end up with a bunch of older folks and not enough younger ones to support them.
It’s cheaper to care for elderly than pay for raising children. Eventually the elderly die and those resources are freed up. But with children, you end up with adults using even more resources.
A huge factor for the Rennaissance was all the elderly dying in the Black Plague. Less people is better for workers because their labor becomes more valuable. It’s only the owners that suffer in population decline because their servants are more expensive.
The children turned adults will generally be working and contributing to the economy though. Elderly will not and use up a metric ton of healthcare resources.
guess we need to host some hunger games then.